Member Info for aligator

Rational analysis Whouse. Of course, one would assume that any initial offer was lowball but, if two companies showed interest, then a range of 20-35p could be achievable.

I was just wondering what happened to the rose tinted spectacle brigade - they all seem to have up and left.

Let's be honest with ourselves, this company is in dire straits and needs some good news (CR3/compressor or with the drill bit) to shift the sp.

Fingers crossed.

Still no update on CR3 stimulation and compressor performance, the latter due to be operational in June. This could be a landmark week or so for the company.

Sure is good to see the BoD and executive, all very well remunerated by the company, buying large blocks of shares to reflect their confidence and belief in TXP's future... For way too long, shareholders have suffered from operational, corporate and financial blunders by these people. Don't they have any shame or remorse? This lack of buying by the very people who control the company is worrying to say the least.

A polite request that you refrain from your constant posts seeking nothing else but to rankle people. Don't you have better things to do with your time?

hope you are right sirmark. i could do with some good news!

frankyee, wow you are quite the insulter in chief on this board. how i got on your bad side i have no idea. however, to state clearly that you think i am a "cu next tuesday" is, frankly, crossing the line. that said, i will defer reaction on this occasion but, should you use similar language about me in any future post, i can assure you that you will not believe the legal ****storm which will follow.

Difficult to know where to begin, except to say that, surely, the time has come for PB to fall on his sword. Let's be realistic, he has presided over a decline in the share price from 175p to 6.75p (that is a catastrophic loss of over 96%!) and, since that high in February 2021, just about every RNS issued by the company has resulted in the share price falling. However, this has not meant a whole deal to Baay, whose yearly remuneration between 2021 and 2024 (2025 not yet published) averaged US$ 767k, totalling over US$ 3m. What needs to be understood is that Baay's salary element of his total remuneration is less than 50%, meaning that he has received annual incentives, bonuses, etc of over 100% of his salary in those 4 years. For what? For presiding over decisions which have costs loyal shareholders dearly? It is simply mind-blowing that the board of directors and the executive members of the company have felt it ok to allow this situation to continue. Or are they also seeking to maintain their lucrative contracts?

Because the majority of share being held privately, there needs to be a shareholder revolt to either get rid of Baay or cut his ludicrous contract.

Ss, No problem, I have a broad back and, like you, am underwater in the stock. Quite frankly, PB has fooled all of us who invested 3-5 years ago and it is only recent investors who will possibly make money (and good luck to them). Notwithstanding, brokers remain bullish (centred around a "buy" rating) and targeting 32p-35p within 12-15 months. Sadly, I cannot see 70p, even within a medium term horizon, but who knows what the longterm holds?

Ss, I did warn you about this. A BoD that has wiped off over 95% of the company's market cap in 5 years is invariably not the right group of people to hang your hats on in terms of a possible recovery. PB's pay-packet probably sits near $1 million so why should he worry? In monetary terms he has limited cash equity exposure to TXP, courtesy of his free shares and cheap options. Of course, he and his board/executive could show commitment by buying shares at 7p to show confidence but that is not happening. I wonder why?

Bottom line is that these people have crippled this company through inane decisions involving the drill bit, asset acquisitions, corporate acquisitions and fund raising. Can you imagine how Purebond feel, having paid 11p per share just over 6 months ago? At 7p, it has lost some 36% of its investment, nowhere near your 70% but Purebond must nonetheless be thinking it has been duped.

I note that this board is now relatively devoid of those who previously talked about good times tomorrow. The problem is tomorrow never actually comes!

Same tripe coming from the same idiots running this company.

“Jam today, jam tomorrow”? What planet are you on? This company is just about keeping its head above water. It is living on a hand to mouth basis and it dire financial straits!

More painful reading for long suffering shareholders. Funny how the historical rampers are nowhere in sight following this announcement. No mention of CR3 production as far as I could see.

What a disaster.

Stag 1974, Let's hope so!!!

Simple response, my paper losses are

Smasher, Yes, the current situation is not good but let’s be honest, we all took PB’s predictions and wall of cash statements at face value only to find out that we had been misled. You can’t predict that but if you still believe in the company’s longer term prospects then you can buy at this low sp to reduce your average price.

I have done this. Have you or do you just make aimless comments on boards like these?

Smasher, You are talking bullsh*t. SENSIBLE investors risk their money based on knowledge and facts, not on betting on red on a roulette wheel. That said, as the history of TXP has definitively proved, if you are fed false information, which has been the case with this company for many years, there is nothing you can really do from an analytical perspective. A classic example is Purebond. Do you seriously think Kansagra and his colleagues risked £5.5m for 15.4% of TXP based on positive thoughts about the company? Of course not. they will have undertaken significant investigation and analysis before making any decision.

Honestly, I give with some people...

Ayecuramba, You and your soul mates have been saying this for years. Result? Share price down to its lowest for ca 6 years. What you are hanging on to is an unexpected gulf war price hike and hoped for benefits of the new compressor alongside steady production from CR3. That is not investing, that is gambling.

from the legions of posters predicting drill bit and operational success by those who have been clearly proven to be nothing more than a bunch of muppets, led by the biggest bull****ter in this sector, pb.

if sirmark is truthful and my calculations are correct, he must be high into a six figure loss by now. irt would be interesting to know what mr kansagra of purebond makes of all this...

Stag, I suspect that Mr Kansagra is not a happy bunny and is only now realising that PB is economical with the facts. Goodness knows what was presented to Purebond which convinced Kansagra and his family to invest £5.5m for a 15.4% stake. It would not surprise me if there have been some tense discussions between Kansagra and PB.

No comment. Enough said perviously.

I'm drinking superb wine and feeding giraffes. What are you up to pornstar?

Got wifi!

Nomadme, I put your quotes into ChatGPT. This is the response:

"What that likely means:

It’s not a confirmed quote from a reputable AI system (like Bloomberg, Refinitiv, etc.).

It’s most likely generated or reposted by a retail investor or community tool (sometimes labeled “AI analysis” on forums).

These kinds of quotes are opinion-based, not factual analysis."

Are you that desperate for positive news that you would seek to imply falsehoods to AI?